3058 N Lotus AVE, Chicago, IL 60641
3058 N Lotus AVE, Chicago, IL 60641
3058 N Lotus AVE, Chicago, IL 60641
3058 N Lotus AVE, Chicago, IL 60641
3058 N Lotus AVE, Chicago, IL 60641
3058 N Lotus AVE, Chicago, IL 60641
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$ 950,000
Est. payment | /mo

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$ 950,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12766181

Year Built 1927

Annual Tax Amount $12,561

Tax Year 2025

Lot Dimensions 30x125

Property Sub-Type Multi Family 5+

Property Description

Exceptional turnkey 6-unit multifamily investment with immediate value-add potential for a 7th garden unit! Owned and meticulously maintained by the same owner for over 40 years, this ultra-clean building boasts a 7% Cap Rate. Key updates include a BRAND NEW roof, updated windows, and select updated kitchens. Features (2) 2BD/1BA units and (4) 1BD/1BA units, showcasing timeless original woodwork, solid wood doors, and classic hardwood floors. Exterior includes a 2-car garage plus 2 off-street parking spots. Ideal addition to any portfolio with strong cash flow from day one!

Location

State IL

County Cook

Area Chi - Belmont Cragin

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Midwest Real Estate Data (MRED) IDX
Listed by John Fleming of  Baird & Warner 

NEARBY PROPERTIES

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3058 N Lotus AVE